Lending

Let's Get Moving

What you need

We understand that the loan application process can be very stressful. Our goal is to obtain a “fast no or reliable yes” for our clients. Through years of experience, the FranFund Lending Team developed a proven process for presenting well-articulated, complete loan request packages to lenders. We will create a comprehensive loan package for you and utilize our network of SBA and conventional lenders to secure funding.

Pre-Qualification Process

Of course, a reliable yes is always better than a fast no. So before the loan acquisition process even starts, FranFund offers a fundability assessment that allows us to determine your probability score of obtaining a loan. If it projects a favorable outcome, you can move forward with confidence as you determine the best business opportunity.

SBA 7 (A) Loan Program

-

This program offers loans of $50,000 to $5 million available for business purposes such as working capital, leasehold improvements, equipment, building acquisition. A portion of the loan is guaranteed by the government, giving lenders incentive to offer funding to smaller start-ups and existing businesses. Terms may be more favorable than conventional financing, but expect to provide a cash injection and personal collateral. Additional fees and closing costs will vary by bank. Options for accelerated turnaround times are available.

SBA Express

+

SBA Express is for loans $50,000 to $150,000 with a typical required equity injection between ZERO and ten percent. There are no personal assets pledged, no SBA guaranty fee on loans $125,000 and under, low or no business collateral, and minimal paperwork required. Funding occurs in one lump sum to the business account, in as little as seven days, and may be used for any legitimate business expense.

Conventional Lending (non-SBA) Programs

+

This program offers loans of $50,000 and up for existing franchisees that own and operate multiple units. Interest rates are fixed with loan terms ranging from 7-10 years. Because these loans are not backed by a government guarantee or personal collateral, they require strong borrowers with business ownership experience.

Start your pre-qualification

Set up a complimentary consultation

Get Started

Start your pre-qualification

For a complimentary consultation, please provide the information below.